DAMPSKIBSSELSKABET NORDEN A/S – WEEKLY REPORT ON SHARE BUY-BACK
ANNOUNCEMENT NO. 101 - 25 APRIL 2022
On 3 March 2022, NORDEN initiated a share buy-back programme in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buy-back programme runs from 3 March 2022 up to and including no later than end April 2022. For details, please see announcement no. 56 of 3 March 2022.
Under the share buy-back programme, NORDEN will purchase shares for up to a total of USD 30 million (approximately DKK 201.5 million). Under the programme, the following transactions have been made:
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) |
| Total, last announcement | 573,000 | 242.77 | 139,104,510 |
| 11/04/2022 | 22,000 | 244.88 | 5,387,360 |
| 12/04/2022 | 22,000 | 238.20 | 5,240,400 |
| 13/04/2022 | 30,000 | 240.51 | 7,215,300 |
| 19/04/2022 | 21,000 | 253.81 | 5,330,010 |
| 20/04/2022 | 17,000 | 254.12 | 4,320,040 |
| 21/04/2022 | 22,000 | 250.28 | 5,506,160 |
| 22/04/2022 | 21,000 | 248.50 | 5,218,500 |
| Accumulated | 728,000 | 243.57 | 177,322,280 |
Since the share buy-back programme was initiated on 3 March 2022, the total number of repurchased shares is 728,000 at a total amount of DKK 177,322,280.
With the transactions stated above, NORDEN holds a total of 3,721,569 treasury shares, corresponding to 9.49%. The total number of shares in NORDEN is 39,200,000 million. Adjusted for treasury shares, the number of shares is 35,478,431.
Kind regards,
Dampskibsselskabet NORDEN A/S
Klaus Nyborg
Chairman
For further information:
Thomas France, Investor Communications Partner, tel.: 3315 0451